Singapore Reports $3.5 Million in Losses From Tampered Ledger Crypto Wallets
š Crypto users in Singapore have lost approximately $3.5 million due to tampered Ledger hardware wallets, with at least two reported cases since September 10, 2026.
š”ļø Investigations revealed that some wallets contained malicious components capable of stealing recovery phrases and private keys, allowing unauthorized access to users' crypto assets.
ā ļø The Singapore Police Force is collaborating with Ledger to address the issue, urging users to be cautious, avoid suspicious devices, and protect their recovery phrases and private keys.
š Crypto users in Singapore have lost approximately $3.5 million due to tampered Ledger hardware wallets, with at least two reported cases since September 10, 2026.
š”ļø Investigations revealed that some wallets contained malicious components capable of stealing recovery phrases and private keys, allowing unauthorized access to users' crypto assets.
ā ļø The Singapore Police Force is collaborating with Ledger to address the issue, urging users to be cautious, avoid suspicious devices, and protect their recovery phrases and private keys.